The Advantages of Prediction Markets Include

question 190

Multiple Choice

The advantages of prediction markets include:

• A) the ability of predicted outcomes to always beat actual outcomes in markets.
• B) the fact that such markets encourage sales teams and traders at firms to divulge the true information on expected outcomes.
• C) the fact that such markets are only useful at forecasting political outcomes.
• D) the ability for strong prediction markets to swing actual market outcomes toward the predicted outcome.

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Definitions:

Jews

people belonging to the Jewish faith or descending from Jewish ancestors.

Hindus

Hindus are followers of Hinduism, a major religious and cultural tradition of South Asia, centered around a diverse range of beliefs and practices.

Christians

Followers of Christianity, a monotheistic religion based on the life and teachings of Jesus Christ.

Online Auction Site

A website that allows users to bid on items in real-time, competing to make purchases often at lower prices.